Is ENPH or TS cheaper?

On trailing earnings, TS is cheaper: ENPH trades at a 51.76 P/E and TS at 15.38.

Which has grown faster, ENPH or TS?

Over the past five years, TS grew revenue faster — ENPH at a 9.96% CAGR versus TS at 21.64%.

Does ENPH or TS pay a bigger dividend?

TS pays a dividend (3.11% yield) while ENPH does not currently pay one.

Is ENPH or TS more profitable?

TS runs the higher net margin — ENPH at 9.64% versus TS at 16.18%.

Which has been the better investment, ENPH or TS?

Over the past 10-year, ENPH delivered the higher annualized total return — ENPH at 37.78% versus TS at 10.91%. Past performance doesn't predict future results.

Enphase Energy, Inc. (ENPH) vs Tenaris S.A. (TS)

TS leads on 13 of 16 compared metrics.

A side-by-side comparison of Enphase Energy, Inc. and Tenaris S.A. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 19, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — ENPH vs TS

growth of $100 · last 14y

ENPH +612.3%TS +49.9%ENPH compounded faster

ENPH TS

ENPH vs TS: by the numbers

•TS is the larger company ($30.70B vs $6.89B market cap).
•TS trades at the lower earnings multiple (15.38 vs 51.76 P/E).
•TS converts more revenue to profit (16.18% vs 9.64% net margin).
•TS grew revenue faster over the past five years (21.64% vs 9.96% CAGR).
•TS pays a dividend (3.11% yield) while ENPH does not currently pay one.

Which is better, ENPH or TS?

Metric tally: ENPH 3 · TS 13

It depends on what you're optimizing for:

ValueTS(lower P/E)

GrowthTS(faster 5Y revenue CAGR)

QualityTS(higher ROIC)

Metrics side by side

Valuation

Metric	ENPH	TS
P/E ratio	51.76	15.38●
Forward P/E	22.49	13.53●
P/S ratio	4.91	2.45●
P/B ratio	6.23	1.74●
PEG ratio	0.34●	0.78
EV / EBITDA	30.69	9.47●
FCF yield	2.11%	6.30%●

Profitability

Metric	ENPH	TS
Gross margin	44.23%●	34.29%
Operating margin	6.81%	19.10%●
Net margin	9.64%	16.18%●
ROE	12.25%●	11.50%
ROIC	4.79%	10.12%●

Dividends

Metric	ENPH	TS
Dividend yield	—	3.11%
Payout ratio	—	47.85%

Growth (annualized)

Metric	ENPH	TS
Revenue CAGR (5Y)	9.96%	21.64%●
EPS CAGR (5Y)	4.13%	19.77%●
FCF CAGR (5Y)	-8.47%	15.66%●
Total return CAGR (5Y)	-20.62%	26.13%●

Frequently asked

Which is better, ENPH or TS?: It depends on your goal. value: TS (lower P/E); growth: TS (faster 5Y revenue CAGR); quality: TS (higher ROIC). Across all compared metrics, TS leads 13 to 3.
Is ENPH or TS cheaper?: On trailing earnings, TS is cheaper: ENPH trades at a 51.76 P/E and TS at 15.38.
Which has grown faster, ENPH or TS?: Over the past five years, TS grew revenue faster — ENPH at a 9.96% CAGR versus TS at 21.64%.
Does ENPH or TS pay a bigger dividend?: TS pays a dividend (3.11% yield) while ENPH does not currently pay one.
Is ENPH or TS more profitable?: TS runs the higher net margin — ENPH at 9.64% versus TS at 16.18%.
Which has been the better investment, ENPH or TS?: Over the past 10-year, ENPH delivered the higher annualized total return — ENPH at 37.78% versus TS at 10.91%. Past performance doesn't predict future results.

Go deeper

Full ENPH analysis Full TS analysis Interactive comparison tool

Dig into the metrics

Enphase Energy P/E ratio Tenaris P/E ratio Enphase Energy dividend yield Tenaris dividend yield Enphase Energy ROE Tenaris ROE Enphase Energy operating margin Tenaris operating margin Enphase Energy revenue growth Tenaris revenue growth Enphase Energy free cash flow Tenaris free cash flow

Enphase Energy & Tenaris appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 19, 2026.